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Norwegian Wage Talks End in Deal

OIL

Talks between Norwegian oil firms and two labour unions about wages ended in a deal on Wednesday, industry and union officials said - averting the risk of strike action later this year.

  • The wage agreements cover in total about 7300 union members, employed by such companies as Equinor, ConocoPhillips and Aker BP.
  • Norway is the biggest gas supplier to Europe, now that Russian volumes have plummeted.

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